Free Point and Figure charts Electrosteel Steels Ltd ELECTROSL_BE share NSE Stock Exchange

Stock ELECTROSL_BE - Share Electrosteel Steels Ltd trades in NSE under REAL_ESTATE_INVESTMENT_TRUST

Daily Support: 31
Daily Resistance: 31
5 Day Moving Average is 34.4
20 Day Moving Average is 35.76

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Wed 12 Dec 2018	-4.91%	31.00	31.00	31.00	31.00	2.96 times
Tue 11 Dec 2018	-4.96%	32.60	32.60	32.60	32.60	2.5 times
Mon 10 Dec 2018	-4.99%	34.30	34.30	34.30	34.30	0.16 times
Fri 07 Dec 2018	-5%	36.10	36.10	36.10	36.10	0.62 times
Thu 06 Dec 2018	-4.88%	38.00	38.00	38.00	38.00	0.27 times
Wed 05 Dec 2018	-4.99%	39.95	39.95	39.95	39.95	1.38 times
Tue 04 Dec 2018	-4.97%	46.45	42.05	46.45	42.05	15.24 times
Mon 03 Dec 2018	4.98%	44.25	44.25	44.25	44.25	0.95 times
Fri 30 Nov 2018	4.98%	42.15	42.15	42.15	42.15	1.2 times
Thu 29 Nov 2018	4.97%	40.15	40.15	40.15	40.15	1.93 times

Point & Figure Charts for Electrosteel Steels Ltd ELECTROSL_BE

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Electrosteel Steels Ltd ELECTROSL_BE and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Electrosteel Steels Ltd ELECTROSL_BE stock.